MPC Münchmeyer Petersen Capital AG
euro adhoc: MPC Münchmeyer Petersen Capital AG
Buybacks
MPC Capital AG
starts share buyback
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
14.11.2007
MPC Capital AG starts share buyback
MPC Münchmeyer Petersen Capital AG, Hamburg, ISIN DE 0005187603. The Board of Management of MPC Münchmeyer Petersen Capital AG, Hamburg, resolved on November 14, 2007 to purchase up to 530,000 shares of the company, representing 5% of the capital stock, via the stock exchange before March 31, 2008. The resolvement is based on the authoritation granted by the Annual General Meeting on April 19, 2007 to purchase up to 10% of the current capital stock. The buyback will be managed by a bank. It is planned that the bank will take independent decision on the timing of the purchase without consulting the company. The purpose of the purchase primarily is to secure the shares as acquisition currency and to increase the level of flexibility in terms alternative growth strategies.
end of announcement euro adhoc 14.11.2007 20:44:06
Further inquiry note:
MPC Capital AG
Andreas Schwarzwälder
Investor Realtions
Tel: ++49 (0) 40380224347
ir@mpc-capital.com
Branche: Financial & Business Services
ISIN: DE0005187603
WKN: 518760
Index: SDAX, CDAX, Prime All Share, Classic All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade
Börse Hamburg / regulated dealing